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GUT

Gabelli Utility Trust

49 hedge funds and large institutions have $25.9M invested in Gabelli Utility Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 5

91% more capital invested

Capital invested by funds: $13.5M → $25.9M (+$12.3M)

5.16% more ownership

Funds ownership: 5.05%10.2% (+5.2%)

2% less funds holding

Funds holding: 5049 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
49
Holders Change
-1
Holders Change %
-2%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
17
Reduced
5
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CL
26
CSS LLC
Illinois
$59K +$59K +10,260 New
RCAG
27
Rehmann Capital Advisory Group
Michigan
$50.2K
FMTCOCP
28
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$34K +$5.67K +985 +20%
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$31K
SPIA
30
Steward Partners Investment Advisory
New York
$22K
MBT
31
Monroe Bank & Trust
Michigan
$18K
US Bancorp
32
US Bancorp
Minnesota
$13K
AF
33
Allworth Financial
California
$11K
CF
34
Centaurus Financial
California
$11K +$10.6K +1,850 New
CCM
35
Covington Capital Management
California
$8K +$2.97K +517 +57%
WT
36
Washington Trust
Rhode Island
$6K +$5.9K +1,026 New
Deutsche Bank
37
Deutsche Bank
Germany
$5K
SFSIG
38
San Francisco Sentry Investment Group
California
$5K
Manulife (Manufacturers Life Insurance)
39
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4K +$592 +103 +20%
CHC
40
City Holding Co
West Virginia
$2K
Fifth Third Bancorp
41
Fifth Third Bancorp
Ohio
$2K
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$2K
SFM
43
Signet Financial Management
New Jersey
$2K
AF
44
Advisornet Financial
Minnesota
$1K
Citigroup
45
Citigroup
New York
$1K
TFS
46
TrustCore Financial Services
Tennessee
$1K +$12 +2 +1%
FDCDDQ
47
Federation des caisses Desjardins du Quebec
Quebec, Canada
$401
CS
48
Credit Suisse
Switzerland
-$1M -164,827 Closed
YCM
49
Yakira Capital Management
Connecticut
-$600K -98,804 Closed
Goldman Sachs
50
Goldman Sachs
New York
-$76K -12,470 Closed

GUT Hedge Fund Activity: Q2 2018 in Review

49 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2018, worth a combined $25.9M — up 91% from $13.5M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of GUT and 8 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 17 added.

The largest buyer was Sit Investment Associates, adding an estimated $6.26M. The largest seller was Credit Suisse, exiting entirely with an estimated $1M sold.

  • 49 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2018, down from 50 in Q1 2018.
  • Funds reported $25.9M of Gabelli Utility Trust stock for Q2 2018, up 91% quarter-over-quarter.
  • 8 funds opened new Gabelli Utility Trust positions in Q2 2018 and 9 closed out, a net change of -1 holder.
  • The largest Gabelli Utility Trust buyer in Q2 2018 was Sit Investment Associates, an estimated $6.26M added.
  • The largest Gabelli Utility Trust seller in Q2 2018 was Credit Suisse, an estimated $1M sold.

Based on aggregated 13F filings for Q2 2018.